Shenzhen UTIMES Intelligent Equipment Co (SHSE:688638) Days Sales Outstanding : 212.01 (As of Mar. 2024)

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What is Shenzhen UTIMES Intelligent Equipment Co Days Sales Outstanding?

Shenzhen UTIMES Intelligent Equipment Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥305 Mil. Shenzhen UTIMES Intelligent Equipment Co's Revenue for the three months ended in Mar. 2024 was ¥131 Mil. Hence, Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 212.01.

The historical rank and industry rank for Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688638' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.09 Med: 65.89 Max: 123.47
Current: 79.61

During the past 5 years, Shenzhen UTIMES Intelligent Equipment Co's highest Days Sales Outstanding was 123.47. The lowest was 39.09. And the median was 65.89.

SHSE:688638's Days Sales Outstanding is ranked better than
50.27% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs SHSE:688638: 79.61

Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding increased from Mar. 2023 (95.81) to Mar. 2024 (212.01).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Shenzhen UTIMES Intelligent Equipment Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shenzhen UTIMES Intelligent Equipment Co Days Sales Outstanding Chart

Shenzhen UTIMES Intelligent Equipment Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

123.47

65.89

39.09

53.76

72.06

Shenzhen UTIMES Intelligent Equipment Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial								95.81	42.27	68.41	77.67	212.01

Competitive Comparison of Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding falls into.

Shenzhen UTIMES Intelligent Equipment Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (152.087	+	289.639)	/	2 )	/	1118.706	*	365
=	220.863					/	1118.706	*	365
=	72.06

Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (289.639	+	319.675)	/	2 )	/	131.124	*	365 / 4
=	304.657					/	131.124	*	365 / 4
=	212.01

Shenzhen UTIMES Intelligent Equipment Co (SHSE:688638) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Shenzhen UTIMES Intelligent Equipment Co Days Sales Outstanding Related Terms

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Shenzhen UTIMES Intelligent Equipment Co (SHSE:688638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen UTIMES Intelligent Equipment Co Ltd (SHSE:688638) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shajing Street, Xinhe Avenue, Floor 1-6, Building M, Licheng Science and Technology Industrial Park, Gonghe Community, Baoan, Guangdong, Shenzhen, CHN, 518000

Website

http://www.utimes.cn

Shenzhen UTIMES Intelligent Equipment Co Ltd is engaged in research & development, production and sales of non-standard automated intelligent assembly equipment and testing equipment. The company's main products are lithium-ion battery intelligent equipment and consumer electronics intelligent manufacturing equipment, which can be widely used in the intelligent production and manufacturing of products in multiple fields such as new energy, automotive electronics, and consumer electronics.

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